Ball Gary Edward 4
4 · Infrared Systems International · Filed Jul 28, 2010
Insider Transaction Report
Form 4
Ball Gary Edward
Other
Transactions
- Purchase
Common Stock
2010-07-26$0.01/sh+11,557,217$169,891→ 11,557,217 total
Footnotes (1)
- [F1]Mr. Ball acquired 11,557,217 (pre-split) shares of IFRS common stock on July 26, 2010 for a purchase price of $170,000 (payable by a note). It was a private transaction - the shares were acquired pursuant to the terms of a promissory note with Take Flight Equities, Inc., which failed to make a required payment on its note with respect to the shares.